Middle East
Ceasefire Hopes Stall Oil Rally: Geopolitical Risk Premium Persists
Oil prices extended their decline on Tuesday as the geopolitical risk premium on crude eased slightly on hopes for a potential ceasefire in the Israel-Hamas...
Gold Hits Unprecedented Highs: Powell’s Influence
Gold’s Record-Breaking Ascent Continues – In a monumental leap, gold ascended to $2,161.09 per ounce, establishing its lengthiest winning streak since late 2021. Gold’s Record-Breaking...
Stocks Oscillate Between Gains and Losses Amid Global Pressures
In a day of mixed market movements, stocks experienced a tug of war between gains and losses on Friday, ultimately reflecting an uncertain sentiment among...
Stocks Inch Higher as Big Banks Report Mixed Earnings
In a bid to navigate a challenging start to the year, stocks cautiously inched higher on Friday morning, brushing aside a slew of earnings reports...
Stocks Slide as Samsung Issues Surprise Profit Warning
In a cautious turn of events on Tuesday, stock markets experienced a modest decline, with the Dow Jones Industrial Average (^DJI) slipping 0.5%, approximately 200...
US Stocks Open 2024 with Decline, Apple Stock Downgraded
In a downbeat start to 2024, US stocks decline on Tuesday morning, signaling a reversal after a winning year that saw the S&P 500 narrowly...
Global Oil Prices Hold Steady Amid Oversupply Concerns Despite OPEC+ Cuts
In the volatile world of global oil markets, prices remained steady on Monday, reflecting persistent concerns about a surplus in crude oil despite efforts by...
Oil Prices Stage a Rebound, Eying an End to Weekly Losses
Oil prices staged a rebound after a tumultuous period but are poised to conclude the week with the most prolonged downward streak since 2018, raising...
Stocks Close Lower as Oil Prices Sink to Lowest Since June
In a turbulent day for the US financial markets, stocks experienced a decline on Wednesday, influenced by fresh indicators of economic challenges such as oil...
Global Markets in Flux as Oil Prices Continue Descent
Oil prices experienced a continued descent on Wednesday, reaching a five-month low, despite the Energy Information Administration (EIA) releasing data indicating a 4.6 million-barrel decrease...